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When a woman has a bit extra on her inner labia. Instead of using terms like "beef curtains" which are degrading, the term "fancy" will be applied.
Beauregard: My My Waldorf, your lady friend's neither lips certainly are fancy.

Waldorf: I know! Aren't they spectacular!
fancy by Dezmodus December 27, 2007
That Samuel Jackson sure is a Fancy Mother Fu*ker
Fancy by somecallmecuba October 20, 2010
a word used as a reaction to something. It can be either positively or negatively expressed. In fact, it can be used in reaction to almost anything at all.
Darlene says, "I'm so in love with Tommy."
You reply, "Fancy!"

Brenda says, "Why can't I find a lesbian who sees me for who I am?"
You reply, "Fancy!"

Jacquanda says, "O-M-G! Look at dis amazing hair piece I just bought..."
You reply, "Fancy!"
fancy by Daniel of New York April 24, 2008
Sorry,but I prefer to be fancy on autumm.
Fancy by BlackPohatu October 1, 2016
The art of being clever, classy, and crafty. (The 3 C's)
Being tokened as fancy is a complement from your peers.
Sometimes fancy can also mean lame.
Guy's mind-"Ah man, my muscles are too fancy! I gotta stop hittin the weights!"

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Brother 1- Dude! Mom added me on that popular social networking site!

Brother 2- Oh, now that's fancy.
Fancy by barnshack22 July 11, 2010